Form 8.3 - Smith (DS) plc

Societe Generale SA

30 July 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Smith (DS) plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	29/07/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes: International Paper Company

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	10p ordinary
	Interests		Short positions
	Number	%	Number	%
(1)  Relevant securities owned and/or controlled:	25,743,672	1.87	184,536	0.01
(2)  Cash-settled derivatives:	117,257	0.01	2,179,571	0.16
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	25,860,929	1.87	2,364,107	0.17

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
10p ordinary	Purchase	25,000	4.56057
10p ordinary	Purchase	198	4.56
10p ordinary	Purchase	87	4.582
10p ordinary	Purchase	6	4.57
10p ordinary	Purchase	37	4.57
10p ordinary	Purchase	283	4.568
10p ordinary	Purchase	457	4.58
10p ordinary	Purchase	611	4.584
10p ordinary	Purchase	725	4.58
10p ordinary	Purchase	796	4.582
10p ordinary	Purchase	934	4.568
10p ordinary	Purchase	1,375	4.57
10p ordinary	Purchase	1,700	4.58
10p ordinary	Purchase	551	4.584
10p ordinary	Purchase	611	4.584
10p ordinary	Purchase	1,316	4.588
10p ordinary	Purchase	309	4.602
10p ordinary	Purchase	379	4.602
10p ordinary	Purchase	1,288	4.584
10p ordinary	Purchase	10	4.584
10p ordinary	Purchase	25	4.584
10p ordinary	Purchase	97	4.586
10p ordinary	Purchase	116	4.584
10p ordinary	Purchase	116	4.584
10p ordinary	Purchase	160	4.592
10p ordinary	Purchase	205	4.58
10p ordinary	Purchase	362	4.584
10p ordinary	Purchase	431	4.566
10p ordinary	Purchase	448	4.582
10p ordinary	Purchase	725	4.568
10p ordinary	Purchase	750	4.59
10p ordinary	Purchase	814	4.566
10p ordinary	Purchase	879	4.584
10p ordinary	Purchase	921	4.574
10p ordinary	Purchase	921	4.586
10p ordinary	Purchase	1,006	4.584
10p ordinary	Purchase	1,010	4.574
10p ordinary	Purchase	1,082	4.592
10p ordinary	Purchase	1,103	4.596
10p ordinary	Purchase	1,104	4.58
10p ordinary	Purchase	1,104	4.582
10p ordinary	Purchase	1,105	4.57
10p ordinary	Purchase	1,152	4.57
10p ordinary	Purchase	1,219	4.568
10p ordinary	Purchase	1,241	4.582
10p ordinary	Purchase	1,241	4.586
10p ordinary	Purchase	1,241	4.59
10p ordinary	Purchase	1,242	4.58
10p ordinary	Purchase	1,242	4.586
10p ordinary	Purchase	1,242	4.59
10p ordinary	Purchase	1,243	4.574
10p ordinary	Purchase	1,243	4.58
10p ordinary	Purchase	1,243	4.594
10p ordinary	Purchase	1,244	4.568
10p ordinary	Purchase	1,244	4.57
10p ordinary	Purchase	1,245	4.566
10p ordinary	Purchase	1,246	4.58
10p ordinary	Purchase	1,332	4.566
10p ordinary	Purchase	1,510	4.586
10p ordinary	Purchase	1,589	4.584
10p ordinary	Purchase	1,848	4.586
10p ordinary	Purchase	1,874	4.584
10p ordinary	Purchase	3,267	4.58
10p ordinary	Purchase	3,668	4.566
10p ordinary	Purchase	4,195	4.58
10p ordinary	Purchase	5,506	4.58
10p ordinary	Purchase	6,672	4.586
10p ordinary	Purchase	10,214	4.584
10p ordinary	Purchase	13,929	4.582
10p ordinary	Purchase	28,406	4.58
10p ordinary	Purchase	60	4.57873
10p ordinary	Purchase	20,292	4.56
10p ordinary	Purchase	2,513	4.56
10p ordinary	Purchase	86	4.572
10p ordinary	Purchase	871	4.586
10p ordinary	Purchase	289	4.564
10p ordinary	Purchase	882	4.58
10p ordinary	Purchase	926	4.574
10p ordinary	Purchase	852	4.58
10p ordinary	Purchase	897	4.584
10p ordinary	Purchase	901	4.581
10p ordinary	Purchase	854	4.582
10p ordinary	Purchase	888	4.58
10p ordinary	Purchase	38	4.574
10p ordinary	Purchase	858	4.583
10p ordinary	Purchase	884	4.592
10p ordinary	Purchase	910	4.584
10p ordinary	Purchase	867	4.587
10p ordinary	Purchase	868	4.593
10p ordinary	Purchase	868	4.58
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
10p ordinary	Purchase	1,146	5.429
Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
10p ordinary	Sale	38	4.578
10p ordinary	Sale	25	4.58
10p ordinary	Sale	22	4.58
10p ordinary	Sale	1,146	4.5715
10p ordinary	Sale	850	4.578
10p ordinary	Sale	1,094	4.578
10p ordinary	Sale	68	4.578
10p ordinary	Sale	221	4.574
10p ordinary	Sale	308	4.56
10p ordinary	Sale	333	4.56
10p ordinary	Sale	394	4.576
10p ordinary	Sale	554	4.586
10p ordinary	Sale	554	4.586
10p ordinary	Sale	716	4.576
10p ordinary	Sale	761	4.578
10p ordinary	Sale	921	4.574
10p ordinary	Sale	922	4.56
10p ordinary	Sale	1,022	4.574
10p ordinary	Sale	1,301	4.56
10p ordinary	Sale	4,290	4.56
10p ordinary	Sale	4,851	4.56
10p ordinary	Sale	4,960	4.56
10p ordinary	Sale	5,160	4.56
10p ordinary	Sale	6,992	4.56
10p ordinary	Sale	7,297	4.56
10p ordinary	Sale	8,467	4.56
10p ordinary	Sale	17,022	4.56
10p ordinary	Sale	38	4.574
10p ordinary	Sale	6	4.57
10p ordinary	Sale	238	4.56
10p ordinary	Sale	1,031	4.56
10p ordinary	Sale	1,455	4.56
10p ordinary	Sale	1,590	4.56
10p ordinary	Sale	2,206	4.56
10p ordinary	Sale	3,722	4.56
10p ordinary	Sale	4,236	4.56
10p ordinary	Sale	5,475	4.56
10p ordinary	Sale	11,592	4.56
10p ordinary	Sale	20,292	4.56
10p ordinary	Sale	2,513	4.56
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
10p ordinary	Sale	225	5.5

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
10p ordinary	CFD	Increasing a short position	25,000	4.56057
10p ordinary	CFD	Reducing a long position	198	4.56
10p ordinary	CFD	Reducing a long position	87	4.582
10p ordinary	CFD	Reducing a long position	6	4.57
10p ordinary	CFD	Increasing a long position	38	4.578
10p ordinary	CFD	Increasing a long position	25	4.58
10p ordinary	CFD	Increasing a long position	22	4.58

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	30/07/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END